Supreme Court ruling against Trump's tariffs is unlikely to mean an end to trade policy chaos
Read full article: Supreme Court ruling against Trump's tariffs is unlikely to mean an end to trade policy chaosThe Supreme Courtโs stunning rebuke of President Donald Trumpโs most sweeping tariffs means he canโt conjure up new import taxes on a whim anymore.
After Supreme Court rebuke, Democrats call for government to refund billions in Trump tariff money
Read full article: After Supreme Court rebuke, Democrats call for government to refund billions in Trump tariff moneySenate Democrats are unveiling a bill to have the government refund about $175 billion in Trump-era tariff money after the Supreme Court ruled that President Donald Trump's emergency tariffs were illegal.
Trump has other tariff options after Supreme Court strikes down his worldwide import taxes
Read full article: Trump has other tariff options after Supreme Court strikes down his worldwide import taxesPresident Donald Trump is dealing with a major legal defeat Friday after the Supreme Court struck down many of the tariffs he imposed last year on nearly every country on earth.
GOP senator says he's open to compromise on Trumpโs nominee to chair the Federal Reserve
Read full article: GOP senator says he's open to compromise on Trumpโs nominee to chair the Federal ReserveRepublican Sen. Thom Tillis from North Carolina suggests he could support a compromise that would allow the Senate Banking Committee to start hearings on Kevin Warsh, President Donald Trumpโs nominee to chair the Federal Reserve.
A privacy breach at the IRS: Taxpayer data wrongly shared with DHS, court filing says
Read full article: A privacy breach at the IRS: Taxpayer data wrongly shared with DHS, court filing saysThe IRS has erroneously shared the taxpayer information of thousands of people with the Department of Homeland Security, according to a new court filing.
Argentina and US sign a major trade deal to slash tariffs and boost a political alliance
Read full article: Argentina and US sign a major trade deal to slash tariffs and boost a political allianceArgentina and the United States have reached an expansive trade deal, a win for Argentine President Javier Milei as he moves to open up the South American nationโs notoriously protectionist economy and a reflection of the close alliance between the radical libertarian and U.S. President Donald Trump.
Bessent says it would be up to Trump whether to sue his Fed nominee over interest rates
Read full article: Bessent says it would be up to Trump whether to sue his Fed nominee over interest ratesTreasury Secretary Scott Bessent says it would be up to the president to decide whether to sue Kevin Warsh, Donald Trump's nominee for Federal Reserve chair, if he doesn't lower interest rates.
On Capitol Hill, Treasury Secretary Bessentโs testimony descends into insults and shouting matches
Read full article: On Capitol Hill, Treasury Secretary Bessentโs testimony descends into insults and shouting matchesA hearing with Treasury Secretary Scott Bessent turned chaotic Wednesday as Democratic lawmakers clashed with him over fiscal policy and Trump family conflicts.
Trump says feds won't intervene during protests in Democratic-led cities unless asked to do so
Read full article: Trump says feds won't intervene during protests in Democratic-led cities unless asked to do soPresident Donald Trump says he's instructed Homeland Security Secretary Kristi Noem not to intervene in protests in Democratic-led cities unless local authorities request federal help.
New US sanctions against Iran target interior minister over crackdown on protesters
Read full article: New US sanctions against Iran target interior minister over crackdown on protestersThe Trump administration has imposed sanctions against Iranโs interior minister, accusing Eskandar Momeni of repressing nationwide protests that have challenged Tehranโs theocratic government.
Bessent warns Carney against picking a fight before US-Canada-Mexico trade talks
Read full article: Bessent warns Carney against picking a fight before US-Canada-Mexico trade talksTreasury Secretary Scott Bessent has a warning for Canadian Prime Minister Mark Carney: Your comments against U.S. trade policy could backfire, especially at a time when the U.S.-Mexico-Canada Agreement is facing a formal review.
Your baby could qualify for $1,000 with a Trump Account. Here's what to know
Read full article: Your baby could qualify for $1,000 with a Trump Account. Here's what to knowClaiming to give every child โa shot at financial freedom,โ President Donald Trump is unveiling the new Trump Accounts initiative, which gives $1,000 to every newborn if their parents open an account.
IRS faces stiff challenges in 2026 tax season due to workforce cuts and new laws, a watchdog says
Read full article: IRS faces stiff challenges in 2026 tax season due to workforce cuts and new laws, a watchdog saysThe national taxpayer advocate says the 2026 tax filing season is likely to face significant challenges due to IRS workforce reductions and complex tax law changes.
3 months after rapidly scheduled arguments, the Supreme Court has yet to decide on Trump's tariffs
Read full article: 3 months after rapidly scheduled arguments, the Supreme Court has yet to decide on Trump's tariffsWhen the Supreme Court granted an unusually quick hearing over President Donald Trumpโs tariffs, a similarly fast resolution seemed possible.
US Treasury Department ends contracts with Booz Allen Hamilton after Trump tax leak
Read full article: US Treasury Department ends contracts with Booz Allen Hamilton after Trump tax leakThe U.S. Treasury Department has cut contracts with Booz Allen Hamilton after a former contractor leaked tax information about wealthy individuals, including Donald Trump.
Carney says Canada has no plans to pursue free trade agreement with China as Trump threatens tariffs
Read full article: Carney says Canada has no plans to pursue free trade agreement with China as Trump threatens tariffsCanadian Prime Minister Mark Carney says his country has no intention of pursuing a free trade deal with China.
Republican calls are growing for a deeper investigation into the fatal Minneapolis shooting
Read full article: Republican calls are growing for a deeper investigation into the fatal Minneapolis shootingA growing number of Republicans are pressing for a deeper investigation into federal immigration tactics after a U.S. Border Patrol agent fatally shot a man in Minneapolis.
US sanctions Costa Rican drug network, including a beauty salon, for trafficking cocaine
Read full article: US sanctions Costa Rican drug network, including a beauty salon, for trafficking cocaineThe U.S. has imposed sanctions on five Costa Ricans and five Costa Rican entities for allegedly transporting cocaine from Colombia.
China meets initial soybean purchase goal, but Trump's shifting trade policy could disrupt deal
Read full article: China meets initial soybean purchase goal, but Trump's shifting trade policy could disrupt dealThe Trump administration says China has fulfilled its initial commitment to buy 12 million metric tons of soybeans, but itโs not clear if the trade agreement announced in October can withstand President Donald Trumpโs ever-shifting trade policy as American farmers are still dealing with high production costs.
The Latest: Trump meanders through foreign policy ahead of Davos speech to global leaders
Read full article: The Latest: Trump meanders through foreign policy ahead of Davos speech to global leadersPresident Donald Trump meandered through a list of his administrationโs accomplishments while speaking at a White House press briefing Tuesday.
What to know about the annual World Economic Forum meeting in Davos
Read full article: What to know about the annual World Economic Forum meeting in DavosNearly 3,000 high-level participants from business, government and beyond plus untold numbers of activists, journalists and observers are converging on the Swiss town of Davos for the World Economic Forumโs annual meeting.
US sanctions Iranian officials accused of repressing protests against the government
Read full article: US sanctions Iranian officials accused of repressing protests against the governmentThe U.S. is imposing new sanctions on Iranian officials accused of repressing protests against Iranโs theocratic government.
Lawmakers propose $2.5B agency to boost production of rare earths and other critical minerals
Read full article: Lawmakers propose $2.5B agency to boost production of rare earths and other critical mineralsA bipartisan group of lawmakers has proposed creating a new agency with $2.5 billion to boost production of rare earths and the other critical minerals.
Trump administration labels 3 Muslim Brotherhood branches as terrorist organizations
Read full article: Trump administration labels 3 Muslim Brotherhood branches as terrorist organizationsPresident Donald Trump's administration has made good on its pledge to label three Middle Eastern branches of the Muslim Brotherhood as terrorist organizations, imposing sanctions on them.
Trump visits Ford plant and defends his tariffs, hoping to counter jitters about the economy
Read full article: Trump visits Ford plant and defends his tariffs, hoping to counter jitters about the economyPresident Donald Trump is defending his tariffs, using a major economic speech in Michigan to argue that they boost domestic manufacturing despite many Americans fears about rising prices.
US-based multinational companies will be exempt from global tax deal
Read full article: US-based multinational companies will be exempt from global tax dealThe Organization for Economic Cooperation and Development has finalized a deal exempting U.S. multinational corporations from paying more corporate taxes overseas.
The US Treasury wants more states to embrace Trump's tax cuts. So far, only a few have done so
Read full article: The US Treasury wants more states to embrace Trump's tax cuts. So far, only a few have done soLawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses.
Billionaire Ray Dalio joins push to fund Trump Accounts, pledging $75 million to Connecticut kids
Read full article: Billionaire Ray Dalio joins push to fund Trump Accounts, pledging $75 million to Connecticut kidsThe U.S. Treasury asked major philanthropic donors to contribute to new investment accounts for children Wednesday in part of what Secretary Scott Bessent called a โ50 State Challengeโ to raise funds for the Trump Accounts program.
Democratic governors say the party's midterm strategy must focus on voters' pocketbook concerns
Read full article: Democratic governors say the party's midterm strategy must focus on voters' pocketbook concernsDemocratic governors who met over the weekend in Arizona say the party must focus on affordability in next year's midterm elections.
Bessent says Federal Reserve Board could 'veto' future regional presidents
Read full article: Bessent says Federal Reserve Board could 'veto' future regional presidentsTreasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserveโs regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency.
Trump targets Minnesota's Somali community with harsh words and policies
Read full article: Trump targets Minnesota's Somali community with harsh words and policiesPresident Donald Trump and his top officials have recently criticized Minnesota's Somali community, drawing attention to immigrants from the war-torn East African country.
Federal authorities plan operation in Minnesota focusing on Somali immigrants, AP source says
Read full article: Federal authorities plan operation in Minnesota focusing on Somali immigrants, AP source saysFederal authorities are preparing an immigration enforcement operation in Minnesota, focusing on Somali immigrants living unlawfully in the U.S. The operation, which could begin soon, targets people in the MinneapolisโSt. Paul area with final deportation orders.
Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers
Read full article: Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayersThe U.S. Treasury Department plans to reclassify certain refundable tax credits as "federal public benefits," barring undocumented immigrants and some noncitizens from receiving them.
Trump administration says it has trade frameworks with Argentina, Ecuador, El Salvador and Guatemala
Read full article: Trump administration says it has trade frameworks with Argentina, Ecuador, El Salvador and GuatemalaThe Trump administration has announced trade frameworks with Argentina, Ecuador, El Salvador, and Guatemala.
Colombia to suspend intelligence cooperation with US over strikes on drug vessels
Read full article: Colombia to suspend intelligence cooperation with US over strikes on drug vesselsColombian President Gustavo Petro has ordered security forces to stop sharing intelligence with the United States until it stops striking suspected drug trafficking boats in the Caribbean.
What to know about Trumpโs plan to give Americans a $2,000 tariff dividend
Read full article: What to know about Trumpโs plan to give Americans a $2,000 tariff dividendPresident Donald Trump boasts that his tariffs protect American industries, lure factories to the United States, raise money for the federal government and give him diplomatic leverage.
Trump has other tariff options if the Supreme Court strikes down his worldwide import taxes
Read full article: Trump has other tariff options if the Supreme Court strikes down his worldwide import taxesPresident Donald Trump has warned that the Supreme Court will leave the United States โdefenselessโโ and possibly โreduced to almost Third World statusโโ if it strikes down the tariffs he imposed this year on nearly every country on earth.
Trump may become the face of economic discontent, a year after such worries helped him win big
Read full article: Trump may become the face of economic discontent, a year after such worries helped him win bigVoters have sent a message to President Donald Trump that the economy doesn't feel as though it's booming โ despite what he says.
The Latest: White House walks back Trumpโs threat to SNAP
Read full article: The Latest: White House walks back Trumpโs threat to SNAPPresident Donald Trump caused some confusion earlier Tuesday when he appeared to threaten SNAP benefits unless Democrats voted to reopen the government โ despite court orders mandating that the administration keep the nationโs largest food program running.
Government shutdown could become longest ever as Trump says he 'won't be extorted' by Democrats
Read full article: Government shutdown could become longest ever as Trump says he 'won't be extorted' by DemocratsThe Trump administration is indicating in court that it will only partially fund the federal food assistance program as the government shutdown reaches into a second month.
Shutdown stalemate set to drag into sixth week as Trump pushes Republicans to change Senate rules
Read full article: Shutdown stalemate set to drag into sixth week as Trump pushes Republicans to change Senate rulesRepublicans and Democrats remained at a stalemate on the government shutdown over the weekend as it headed into its sixth week, with millions of Americans starting to lose food aid benefits and President Donald Trump pushing GOP leaders to change Senate rules to end it.
Deal between the US and China is undoing damage from a self-inflicted trade war
Read full article: Deal between the US and China is undoing damage from a self-inflicted trade warAfter months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock.
American farmers welcome China's promise to buy soybeans, but the deal doesn't solve everything
Read full article: American farmers welcome China's promise to buy soybeans, but the deal doesn't solve everythingAmerican farmers welcomed Chinaโs promise to buy some of their soybeans, but Iowa farmer Robb Ewoldt cautioned this wonโt solve all the problems as farmers continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds.
China agrees to purchase 25 million metric tons of U.S. soybeans annually, treasury secretary says
Read full article: China agrees to purchase 25 million metric tons of U.S. soybeans annually, treasury secretary saysTreasury Secretary Scott Bessent says China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders.
The Latest: Trump administration limits refugee admissions to mostly white South Africans
Read full article: The Latest: Trump administration limits refugee admissions to mostly white South AfricansPresident Donald Trump's administration is restricting the number of refugees it admits into the country to 7,500 and they will mostly be white South Africans.
Trump cuts tariffs on China after meeting Xi in South Korea
Read full article: Trump cuts tariffs on China after meeting Xi in South KoreaPresident Donald Trump says he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
White House says deal to put TikTok under US ownership could be finalized in South Korea
Read full article: White House says deal to put TikTok under US ownership could be finalized in South KoreaThe Trump administration has been signaling that it may have finally reached a deal with China to keep TikTok running in the U.S., with the two countries finalizing the details as soon as Thursday.
US and China seek to strike a deal over rare earths, tariffs, soybeans
Read full article: US and China seek to strike a deal over rare earths, tariffs, soybeansThe United States and China are not going to resolve all the issues that divide them before presidents Donald Trump and Xi Jinping meet Thursday in Busan, South Korea.
The Latest: Judge orders senior Border Patrol official to meet her daily to discuss use of force
Read full article: The Latest: Judge orders senior Border Patrol official to meet her daily to discuss use of forceU.S. District Judge Sara Ellis has ordered a senior U.S. Border Patrol official to meet with her daily โto hear about how the day wentโ after weeks of confrontations between immigration agents and the public in the Chicago area.
Trump administration narrows list of potential Federal Reserve chairs to 5
Read full article: Trump administration narrows list of potential Federal Reserve chairs to 5Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year.
Big win in midterm vote for Argentina's President Milei boosts markets and vindicates Trump
Read full article: Big win in midterm vote for Argentina's President Milei boosts markets and vindicates TrumpArgentine President Javier Milei has hailed his partyโs resounding victory in midterm congressional elections as a mandate to press forward with radical free-market reforms.
US imposes sanctions on Colombiaโs president and family members over drug trade allegations
Read full article: US imposes sanctions on Colombiaโs president and family members over drug trade allegationsThe Trump administration has imposed sanctions on Colombian President Gustavo Petro, his family, and a government member over drug trade allegations.
U.S. announces new sanctions against Russia's two biggest oil companies
Read full article: U.S. announces new sanctions against Russia's two biggest oil companiesU_S_ Treasury Secretary Scott Bessent has announced new sanctions against Russiaโs two biggest oil companies and blasted Moscowโs refusal to end its โsenseless war.โ.
Trump says he'll meet with Putin in Hungary. He first meets Friday with Zelenskyy at the White House
Read full article: Trump says he'll meet with Putin in Hungary. He first meets Friday with Zelenskyy at the White HousePresident Donald Trump has announced plans to meet with Russia's Vladimir Putin to discuss ending the war in Ukraine.
US is working on doubling aid to Argentina to $40 billion by tapping private funding sources
Read full article: US is working on doubling aid to Argentina to $40 billion by tapping private funding sourcesThe Trump administration is looking to provide an additional $20 billion in financing for Argentina.
The Latest: Journalists leave Pentagon rather than agree to Trump administrationโs reporting rules
Read full article: The Latest: Journalists leave Pentagon rather than agree to Trump administrationโs reporting rulesDozens of reporters have turned in access badges and exited the Pentagon rather than agree to restrictions on their work.
Trump threatens to pull support for Argentina if its politics move leftward
Read full article: Trump threatens to pull support for Argentina if its politics move leftwardPresident Donald Trump has threatened to withdraw assistance from Argentina if its internal politics don't align with his interests in upcoming elections.
New US sanctions target 50 people, companies and ships for allegedly aiding Iran's oil and gas trade
Read full article: New US sanctions target 50 people, companies and ships for allegedly aiding Iran's oil and gas tradeThe Trump administration has imposed sanctions on a group of 50 people, companies and ships largely out of the United Arab Emirates, Hong Kong and China.
Social Security Administrator Frank Bisignano is named to the newly created position of IRS CEO
Read full article: Social Security Administrator Frank Bisignano is named to the newly created position of IRS CEOFrank Bisignano has been named CEO of the IRS, adding to his role as Social Security Administration Commissioner.
Trump administration imposes sanctions on some Iranian people and firms after UN decision
Read full article: Trump administration imposes sanctions on some Iranian people and firms after UN decisionThe U.S. imposes new sanctions on firms and individuals linked to Iran's missile and military aircraft production.
Trump says he and Xi will meet in South Korea in coming weeks and he'll later go to China
Read full article: Trump says he and Xi will meet in South Korea in coming weeks and he'll later go to ChinaU.S. President Donald Trump says heโll meet Chinese leader Xi Jinping at a regional summit taking place in October in South Korea and will visit China early next year.
US and European officials meet to discuss new sanctions on Russia
Read full article: US and European officials meet to discuss new sanctions on RussiaU.S. and European officials have met at the U.S. Treasury Department to discuss economic pressure on Russia, including new sanctions and tariffs on Russian oil.
Trump says US will host next yearโs G20 summit at his Florida golf club but he won't make money
Read full article: Trump says US will host next yearโs G20 summit at his Florida golf club but he won't make moneyPresident Donald Trump says the U.S. will host next yearโs Group of 20 summit at his golf club in southern Florida.
US and EU plan to discuss new Russia sanctions: What could be next for Putin?
Read full article: US and EU plan to discuss new Russia sanctions: What could be next for Putin?European officials, led by EU sanctions envoy David OโSullivan, plan to visit the U.S. Treasury Department on Monday to discuss economic pressure on Russia, including new sanctions.
Podcasters and influencers: The unexpected jobs covered under Trump's 'no tax on tips' plan
Read full article: Podcasters and influencers: The unexpected jobs covered under Trump's 'no tax on tips' planThe Treasury Department has released a preliminary list of jobs exempt from income tax on tips, including food service, concierge, and salon workers.
The Latest: Trump says no deal to end the Russia-Ukraine war was made with Putin after Alaska talks
Read full article: The Latest: Trump says no deal to end the Russia-Ukraine war was made with Putin after Alaska talksU.S. President Donald Trump said he and Russian President Vladimir Putin have not reached a deal to end Russiaโs war in Ukraine.
Inflation or jobs: Federal Reserve officials are divided over competing concerns
Read full article: Inflation or jobs: Federal Reserve officials are divided over competing concernsFederal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the economy as they prepare for an annual conference in Jackson, Wyoming, next week and a crucial policy meeting in September.